Here’s a summary of the key points from Naval Ravikant’s "How to Get Rich (without getting lucky)":
1. Wealth vs. Money
Wealth is about assets that generate income while you sleep (e.g., businesses, investments, products, etc.).
Money is a tool to transfer wealth.
Status is a zero-sum game where people compete for social ranking, but it doesn’t create value.
2. Build Wealth Ethically
Getting rich should be about creating value, not exploiting others.
Avoid shortcuts like scams—they might work in the short term but will damage your reputation.
3. Specific Knowledge
Develop unique skills that can’t be easily trained or automated (e.g., creativity, craftsmanship, or niche expertise).
This knowledge is often acquired through following your curiosity and passion.
4. Play Long-Term Games
Success requires working with people who have high integrity and a long-term mindset.
Build trust with people over time, as partnerships often drive wealth.
5. Leverage
Naval identifies three types of leverage:
Labor: Using people’s time (e.g., employees).
Capital: Using money to make more money (e.g., investments).
Code/Media: The most powerful because it scales infinitely with no extra cost (e.g., software, content, podcasts, etc.).
6. Productize Yourself
"Productize" means packaging your specific knowledge into something scalable, like a product, service, or software.
Example: A creator’s podcast or a programmer’s app.
7. Ownership
To truly build wealth, you must own equity in something (a business, real estate, intellectual property, etc.).
Working for a salary won’t make you rich; you need to be an owner, not just a worker.
8. Learn to Sell and Build
To succeed, you should either:
Build: Create products/services (e.g., engineering, designing).
Sell: Persuade others to buy your products/services (e.g., marketing, storytelling).
9. Compound Learning
Knowledge compounds over time. Keep learning, and don’t fear looking dumb.
Read, listen, and experiment to become more skilled and valuable.
10. Hard Work vs. Smart Work
Leverage smart work over brute effort. Use your energy and time efficiently.
Focus on high-impact activities instead of hustling blindly.
11. Avoid Luck Reliance
Don’t rely on luck; instead, position yourself to take advantage of opportunities when they arise.
Be prepared by having the right skills, network, and mindset.
12. Freedom and Happiness
Wealth should lead to freedom—the ability to do what you want, when you want.
True wealth is about time and the autonomy it brings, not just material possessions.
@Business_Library
1. Wealth vs. Money
Wealth is about assets that generate income while you sleep (e.g., businesses, investments, products, etc.).
Money is a tool to transfer wealth.
Status is a zero-sum game where people compete for social ranking, but it doesn’t create value.
2. Build Wealth Ethically
Getting rich should be about creating value, not exploiting others.
Avoid shortcuts like scams—they might work in the short term but will damage your reputation.
3. Specific Knowledge
Develop unique skills that can’t be easily trained or automated (e.g., creativity, craftsmanship, or niche expertise).
This knowledge is often acquired through following your curiosity and passion.
4. Play Long-Term Games
Success requires working with people who have high integrity and a long-term mindset.
Build trust with people over time, as partnerships often drive wealth.
5. Leverage
Naval identifies three types of leverage:
Labor: Using people’s time (e.g., employees).
Capital: Using money to make more money (e.g., investments).
Code/Media: The most powerful because it scales infinitely with no extra cost (e.g., software, content, podcasts, etc.).
6. Productize Yourself
"Productize" means packaging your specific knowledge into something scalable, like a product, service, or software.
Example: A creator’s podcast or a programmer’s app.
7. Ownership
To truly build wealth, you must own equity in something (a business, real estate, intellectual property, etc.).
Working for a salary won’t make you rich; you need to be an owner, not just a worker.
8. Learn to Sell and Build
To succeed, you should either:
Build: Create products/services (e.g., engineering, designing).
Sell: Persuade others to buy your products/services (e.g., marketing, storytelling).
9. Compound Learning
Knowledge compounds over time. Keep learning, and don’t fear looking dumb.
Read, listen, and experiment to become more skilled and valuable.
10. Hard Work vs. Smart Work
Leverage smart work over brute effort. Use your energy and time efficiently.
Focus on high-impact activities instead of hustling blindly.
11. Avoid Luck Reliance
Don’t rely on luck; instead, position yourself to take advantage of opportunities when they arise.
Be prepared by having the right skills, network, and mindset.
12. Freedom and Happiness
Wealth should lead to freedom—the ability to do what you want, when you want.
True wealth is about time and the autonomy it brings, not just material possessions.
@Business_Library
❤14👍9🔥3🥰2
Why should you never give up?
✅ Be realistic
The probability of mastering something the first time is very small. Everything takes time to learn and you will make mistakes. Learn from them.
✅ Has this been done before?
If someone else could do it, then you can too.
✅ Believe in your dreams
Don't betray yourself. There are many people in life who tell you that you want to achieve the impossible. Don't let anyone ruin your dreams.
✅ Improve our world
You can use your success to make a difference in the world or in the lives of individuals.
✅ Inspire others
Serve as an inspiration to others by refusing to give up. Who knows what someone else can achieve because you yourself have never given up and thereby inspired others not to give up.
✅ You are so close
When you feel like giving up, you are so close to making a huge breakthrough. At any moment of your time, you are always just a hair's breadth away from success.
@Business_Library
✅ Be realistic
The probability of mastering something the first time is very small. Everything takes time to learn and you will make mistakes. Learn from them.
✅ Has this been done before?
If someone else could do it, then you can too.
✅ Believe in your dreams
Don't betray yourself. There are many people in life who tell you that you want to achieve the impossible. Don't let anyone ruin your dreams.
✅ Improve our world
You can use your success to make a difference in the world or in the lives of individuals.
✅ Inspire others
Serve as an inspiration to others by refusing to give up. Who knows what someone else can achieve because you yourself have never given up and thereby inspired others not to give up.
✅ You are so close
When you feel like giving up, you are so close to making a huge breakthrough. At any moment of your time, you are always just a hair's breadth away from success.
@Business_Library
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5 Motivating Billionaire Quotes About Success and Life
1. “The more actively you try something new, the more likely you are to stumble upon something really worthwhile.”
— Sergey Brin
2. “The world doesn't care about your self-esteem. Life will require you to finish the job before you feel confident.”
- Bill Gates
3. “The chance falls very rarely, but you should always be ready for it. When gold falls from the sky, you should have a bucket, not a thimble.”
— Warren Buffett
4. “I think the most effective people are motivated not so much by the desire for success as by the fear of failure.”
— Larry Ellison
5. “I always tell myself that we were born not to work, but to enjoy life. To make other people's lives better, not to spend all the time at work. If you spend all your time working, sooner or later you will regret it.”
— Jack Ma
@Business_Library
1. “The more actively you try something new, the more likely you are to stumble upon something really worthwhile.”
— Sergey Brin
2. “The world doesn't care about your self-esteem. Life will require you to finish the job before you feel confident.”
- Bill Gates
3. “The chance falls very rarely, but you should always be ready for it. When gold falls from the sky, you should have a bucket, not a thimble.”
— Warren Buffett
4. “I think the most effective people are motivated not so much by the desire for success as by the fear of failure.”
— Larry Ellison
5. “I always tell myself that we were born not to work, but to enjoy life. To make other people's lives better, not to spend all the time at work. If you spend all your time working, sooner or later you will regret it.”
— Jack Ma
@Business_Library
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🗣 Habits of productive people
➡️ Write down all your ideas:
Get a notebook to write down all the ideas and interesting thoughts that come to your mind. This way you won't forget anything important, and when you need to come up with something, you'll have the blanks at hand.
➡️ Visualize the result:
Visualization will help you overcome obstacles that seemed insurmountable and get closer to your cherished goal.
➡️ Take time to be alone with yourself :
Close your eyes and be alone with your thoughts. It is very important to be alone sometimes and listen to yourself.
...
@Business_Library
➡️ Write down all your ideas:
Get a notebook to write down all the ideas and interesting thoughts that come to your mind. This way you won't forget anything important, and when you need to come up with something, you'll have the blanks at hand.
➡️ Visualize the result:
Visualization will help you overcome obstacles that seemed insurmountable and get closer to your cherished goal.
➡️ Take time to be alone with yourself :
Close your eyes and be alone with your thoughts. It is very important to be alone sometimes and listen to yourself.
...
@Business_Library
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In my decades of exploring the depths of human consciousness and guiding others through their transformative journeys, I've observed that the most profound growth often occurs in the spaces we least expect. Allow me to share these contemplative insights that emerge from the intersection of ancient wisdom and modern psychological understanding:
1. Inhabit the Eloquence of Silence
Beneath the world's ceaseless chatter lies a profound teacher - the voice of silence itself. Like a mountain lake at dawn, our minds reveal their deepest truths when undisturbed by ripples of external noise.
2. Embrace the Wisdom of the Water Drop
Think not of the dramatic crash of waves, but of water's patient persistence in carving canyons. True transformation flows from countless small moments of conscious choice, each one barely noticeable yet inexorably powerful.
3. Navigate Your Inner Compass
Before each significant step, pause to examine the subtle currents of your motivation. Are you moved by the authentic whispers of your soul, or the seductive echoes of external validation?
4. Dance with Disruption
What appears as an obstacle is often life's way of choreographing your growth. Each barrier you encounter is not a wall, but a doorway to deeper understanding - if only you'll shift your perspective.
5. Pursue the Art of Deep Diving
In a world that celebrates breadth, dare to pursue depth. Like a pearl diver focused on a single descent rather than skimming multiple surfaces, true wisdom emerges from profound engagement with fewer pursuits.
6. Honor Your Inner Seasons
Your soul, like nature, moves in cycles. There are times for vibrant growth and times for quiet dormancy. Both are equally sacred in the symphony of becoming.
7. Practice Sacred Energy Stewardship
Consider your vitality as precious as ancient gold. Each moment of attention is a coin of consciousness - invest it where your soul's garden can truly flourish.
8. Release the Illusion of Control
The butterfly emerges not by forcing its wings, but by surrendering to its natural transformation. Your growth follows similar laws - trust the process rather than demanding specific outcomes.
9. Master Mindful Unburdening
Evolution requires regular release of what we've outgrown. Like a tree shedding autumn leaves, learn to recognize when holding on costs more than letting go.
10. Befriend the Edge of Understanding
Where comfort ends, consciousness begins. Each moment of discomfort is not an enemy to avoid, but a teacher bearing gifts of growth wrapped in challenge.
11. Cultivate Your Inner Sanctuary
Solitude is not the absence of connection, but the presence of self-communion. In these quiet spaces, your authentic voice emerges with crystal clarity.
12. Honor the Quiet Revolution
True transformation, like starlight, needs no announcement to illuminate the darkness. Let your growth be felt rather than declared.
13. Embrace the Beauty of Becoming
Completion is an illusion; life itself is an eternal unfolding. Find peace in being perpetually in progress, always evolving, never finished.
Pausing reflecting
These principles aren't mere guidelines; they're invitations to a deeper way of being. They emerge from understanding that true growth isn't a destination but a continuous dance with life itself. Would you like to explore any of these dimensions more deeply? Each contains layers of meaning that reveal themselves uniquely to each seeker's journey.
@Business_Library
1. Inhabit the Eloquence of Silence
Beneath the world's ceaseless chatter lies a profound teacher - the voice of silence itself. Like a mountain lake at dawn, our minds reveal their deepest truths when undisturbed by ripples of external noise.
2. Embrace the Wisdom of the Water Drop
Think not of the dramatic crash of waves, but of water's patient persistence in carving canyons. True transformation flows from countless small moments of conscious choice, each one barely noticeable yet inexorably powerful.
3. Navigate Your Inner Compass
Before each significant step, pause to examine the subtle currents of your motivation. Are you moved by the authentic whispers of your soul, or the seductive echoes of external validation?
4. Dance with Disruption
What appears as an obstacle is often life's way of choreographing your growth. Each barrier you encounter is not a wall, but a doorway to deeper understanding - if only you'll shift your perspective.
5. Pursue the Art of Deep Diving
In a world that celebrates breadth, dare to pursue depth. Like a pearl diver focused on a single descent rather than skimming multiple surfaces, true wisdom emerges from profound engagement with fewer pursuits.
6. Honor Your Inner Seasons
Your soul, like nature, moves in cycles. There are times for vibrant growth and times for quiet dormancy. Both are equally sacred in the symphony of becoming.
7. Practice Sacred Energy Stewardship
Consider your vitality as precious as ancient gold. Each moment of attention is a coin of consciousness - invest it where your soul's garden can truly flourish.
8. Release the Illusion of Control
The butterfly emerges not by forcing its wings, but by surrendering to its natural transformation. Your growth follows similar laws - trust the process rather than demanding specific outcomes.
9. Master Mindful Unburdening
Evolution requires regular release of what we've outgrown. Like a tree shedding autumn leaves, learn to recognize when holding on costs more than letting go.
10. Befriend the Edge of Understanding
Where comfort ends, consciousness begins. Each moment of discomfort is not an enemy to avoid, but a teacher bearing gifts of growth wrapped in challenge.
11. Cultivate Your Inner Sanctuary
Solitude is not the absence of connection, but the presence of self-communion. In these quiet spaces, your authentic voice emerges with crystal clarity.
12. Honor the Quiet Revolution
True transformation, like starlight, needs no announcement to illuminate the darkness. Let your growth be felt rather than declared.
13. Embrace the Beauty of Becoming
Completion is an illusion; life itself is an eternal unfolding. Find peace in being perpetually in progress, always evolving, never finished.
Pausing reflecting
These principles aren't mere guidelines; they're invitations to a deeper way of being. They emerge from understanding that true growth isn't a destination but a continuous dance with life itself. Would you like to explore any of these dimensions more deeply? Each contains layers of meaning that reveal themselves uniquely to each seeker's journey.
@Business_Library
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Erich Maria Remarque - 10 selected quotes
1. Whoever wants to hold on loses. They try to hold on to those who are ready to let go with a smile.
2. There is no shame in being born a fool. But it’s a shame to die a fool.
3. Loneliness is easier when you don't love.
4. Reason is given to man so that he understands: it is impossible to live by reason alone.
5. Principles must sometimes be violated, otherwise there is no joy in them.
6. Women should either be idolized or abandoned. Everything else is a lie.
7. As long as a person does not give up, he is stronger than his destiny.
8. The more primitive a person is, the higher his opinion of himself.
9. Everything passes - this is the truest truth in the world.
10. “It’s better to die when you want to live than to live until you want to die.”
@Business_Library
1. Whoever wants to hold on loses. They try to hold on to those who are ready to let go with a smile.
2. There is no shame in being born a fool. But it’s a shame to die a fool.
3. Loneliness is easier when you don't love.
4. Reason is given to man so that he understands: it is impossible to live by reason alone.
5. Principles must sometimes be violated, otherwise there is no joy in them.
6. Women should either be idolized or abandoned. Everything else is a lie.
7. As long as a person does not give up, he is stronger than his destiny.
8. The more primitive a person is, the higher his opinion of himself.
9. Everything passes - this is the truest truth in the world.
10. “It’s better to die when you want to live than to live until you want to die.”
@Business_Library
👍6❤2
10 mistakes that ruin your life
▪️1. No plan
Rest needs to be planned. Otherwise, you risk all your free time falling into bed before the series. You do not need to paint every minute of rest, but if you want to relax, then at least a common vision should be.
▪️2. Ignoring loved ones
Weekends are the perfect time to spend with family and friends. During the work week, you are too busy to spend time with those you care about. Compensate for this on the weekend, otherwise you risk losing acquaintances and friends.
▪️3. Dependence on technology
Sit on social networks you can on a weekday. Warn those you know that you won't be able to answer and give your brain and eyes a little rest. For example, find yourself an interesting hobby or go in for sports.
▪️4. Decay and lack of pleasure
Do not forget that the weekend is not only relaxation, but also pleasant emotions. It is at this time that you, without remorse, can have fun. Make time for what brings you the most pleasure and enjoy.
▪️5. Too much sleep
For many, the weekend is a time to sleep off. But don't go overboard with this. Sleeping for half a day certainly will not add vitality and will not energize you for the next week.
▪️6. Very big spending
Entertainment and recreation is not always a waste of money. You can relax with friends or attend some free event. Manage your funds wisely and do not waste them on trifles.
▪️7. Reflections
It is on the weekend that you need to reflect on your life, sum up the results of the week, set new goals and just think about different things. Don't be afraid to make time for this.
▪️8. Constant thoughts about work
Try not to think about work during your vacation. Or set aside some time to make plans and think about sensitive issues. And don't forget to rest on weekends.
▪️9. Idleness and regrets
After a hard week, you just want to lie down and relax. Do not deny yourself this, but try not to overdo it. If idleness catches up with boredom and apathy, immediately start doing something. Otherwise, you risk squandering the weekend and starting the work week with a sour face.
▪️10. No plans for next week
On Sunday evening, you need to make a plan and set goals for the week. Make a to-do list, write down how far you need to move towards your goals. Planning is the first step to success. Don't neglect them.
@Business_Library
▪️1. No plan
Rest needs to be planned. Otherwise, you risk all your free time falling into bed before the series. You do not need to paint every minute of rest, but if you want to relax, then at least a common vision should be.
▪️2. Ignoring loved ones
Weekends are the perfect time to spend with family and friends. During the work week, you are too busy to spend time with those you care about. Compensate for this on the weekend, otherwise you risk losing acquaintances and friends.
▪️3. Dependence on technology
Sit on social networks you can on a weekday. Warn those you know that you won't be able to answer and give your brain and eyes a little rest. For example, find yourself an interesting hobby or go in for sports.
▪️4. Decay and lack of pleasure
Do not forget that the weekend is not only relaxation, but also pleasant emotions. It is at this time that you, without remorse, can have fun. Make time for what brings you the most pleasure and enjoy.
▪️5. Too much sleep
For many, the weekend is a time to sleep off. But don't go overboard with this. Sleeping for half a day certainly will not add vitality and will not energize you for the next week.
▪️6. Very big spending
Entertainment and recreation is not always a waste of money. You can relax with friends or attend some free event. Manage your funds wisely and do not waste them on trifles.
▪️7. Reflections
It is on the weekend that you need to reflect on your life, sum up the results of the week, set new goals and just think about different things. Don't be afraid to make time for this.
▪️8. Constant thoughts about work
Try not to think about work during your vacation. Or set aside some time to make plans and think about sensitive issues. And don't forget to rest on weekends.
▪️9. Idleness and regrets
After a hard week, you just want to lie down and relax. Do not deny yourself this, but try not to overdo it. If idleness catches up with boredom and apathy, immediately start doing something. Otherwise, you risk squandering the weekend and starting the work week with a sour face.
▪️10. No plans for next week
On Sunday evening, you need to make a plan and set goals for the week. Make a to-do list, write down how far you need to move towards your goals. Planning is the first step to success. Don't neglect them.
@Business_Library
👍21❤13
5 Life Changing Lessons From best selling book “RICH DAD POOR DAD”
Lesson 1.“Pay Yourself First”
Pay yourself first” is a golden statement of personal finance. It means when you receive your paycheck at the end of a month you should put about 10-20 percent of money into voluntary provident funds, banks, or any other saving tools before you spend on daily expenses, bill payments, paying debts, etc.
The advantage of paying yourself first out of your salary or paycheck is that you build adequate wealth and secure your future. It creates a shield against financial emergencies, such as car breakdown, financial crisis, or unexpected medical expenses. When people don’t save money before spending they experience a lot of stress.
Lesson 2: “The rich don’t work for money”
The rich don’t work for money. What does it mean? It means the rich don’t get paid for their hard work, but they are paid for their smart work. Okay, let’s understand this in a more precise manner.
You have seen many entertainers, singers, sports players today are income earners and most of them go broke after their performance days are over. They earn a lot but for a limited time. If you’re working for money you will become a high-income earner at best. That doesn’t make you rich.
If you’re rich then you have an income of a million-dollar per year without doing any effort. Warren Buffet, the CEO of Berkshire Hathaway says, “If you don’t find a way to make money while you sleep, you will work until you die”. So, you need to create a system of passive income that can generate a huge amount of wealth and assets for making you a true rich.
Lesson 3: ” Identify your assets and liabilities”
According to Robert Kiyosaki, an asset is something that puts money in your pocket while a liability is something that takes away money from your pocket.
Most of us think that our house is an asset. Besides, our financial planner, real estate agent, and accountant all call our house an asset. But, In reality, our house is not an asset, it’s a liability.
If you live in a house, paid for or not, then it isn’t an asset since it doesn’t put money in your pocket, instead, it takes money out of your pocket in the form of a mortgage, utility payments, taxes, maintenance, and more. That is what liability is.
Lesson 4: “Buy luxury last, not first”
Poor and middle-class people ( including myself) tend to buy luxuries first immediately after receiving their paychecks. I have observed many of my friends rush to shopping malls to buy expensive clothes, new smartphones, and many other liabilities immediately after they get a salary.
Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like. ~Will Smith
Most of us buy unnecessary things just to impress other people. We are unaware that wealth is created by maximizing earnings as much as possible, saving those earnings wherever possible, and maximizing returns.
When we invest our savings intelligently and apply the laws of compounding within few years we see our desired wealth growth.
The wealthy mindset saves now and spends later.
The middle-class mindset spends now and saves later.
Lesson 5: " Read a Lot"
Just like eating a balanced diet every day keeps you healthy and fit, reading books keeps your mind sharp and makes you more skillful and knowledgeable. Successful people feed their minds every day by reading both fiction and nonfiction books. Besides, they solve many other kinds of brain games such as crossword puzzles and brain teasers.
The more you read and learn, the more you become wiser. Reading helps you to retain information and knowledge.
"I had a lot of dreams when I was a kid, and I think a great deal of that grew out of the fact that I had a chance to read a lot." -Bill Gates
Thanks for Reading 📝👌
@Business_Library
Lesson 1.“Pay Yourself First”
Pay yourself first” is a golden statement of personal finance. It means when you receive your paycheck at the end of a month you should put about 10-20 percent of money into voluntary provident funds, banks, or any other saving tools before you spend on daily expenses, bill payments, paying debts, etc.
The advantage of paying yourself first out of your salary or paycheck is that you build adequate wealth and secure your future. It creates a shield against financial emergencies, such as car breakdown, financial crisis, or unexpected medical expenses. When people don’t save money before spending they experience a lot of stress.
Lesson 2: “The rich don’t work for money”
The rich don’t work for money. What does it mean? It means the rich don’t get paid for their hard work, but they are paid for their smart work. Okay, let’s understand this in a more precise manner.
You have seen many entertainers, singers, sports players today are income earners and most of them go broke after their performance days are over. They earn a lot but for a limited time. If you’re working for money you will become a high-income earner at best. That doesn’t make you rich.
If you’re rich then you have an income of a million-dollar per year without doing any effort. Warren Buffet, the CEO of Berkshire Hathaway says, “If you don’t find a way to make money while you sleep, you will work until you die”. So, you need to create a system of passive income that can generate a huge amount of wealth and assets for making you a true rich.
Lesson 3: ” Identify your assets and liabilities”
According to Robert Kiyosaki, an asset is something that puts money in your pocket while a liability is something that takes away money from your pocket.
Most of us think that our house is an asset. Besides, our financial planner, real estate agent, and accountant all call our house an asset. But, In reality, our house is not an asset, it’s a liability.
If you live in a house, paid for or not, then it isn’t an asset since it doesn’t put money in your pocket, instead, it takes money out of your pocket in the form of a mortgage, utility payments, taxes, maintenance, and more. That is what liability is.
Lesson 4: “Buy luxury last, not first”
Poor and middle-class people ( including myself) tend to buy luxuries first immediately after receiving their paychecks. I have observed many of my friends rush to shopping malls to buy expensive clothes, new smartphones, and many other liabilities immediately after they get a salary.
Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like. ~Will Smith
Most of us buy unnecessary things just to impress other people. We are unaware that wealth is created by maximizing earnings as much as possible, saving those earnings wherever possible, and maximizing returns.
When we invest our savings intelligently and apply the laws of compounding within few years we see our desired wealth growth.
The wealthy mindset saves now and spends later.
The middle-class mindset spends now and saves later.
Lesson 5: " Read a Lot"
Just like eating a balanced diet every day keeps you healthy and fit, reading books keeps your mind sharp and makes you more skillful and knowledgeable. Successful people feed their minds every day by reading both fiction and nonfiction books. Besides, they solve many other kinds of brain games such as crossword puzzles and brain teasers.
The more you read and learn, the more you become wiser. Reading helps you to retain information and knowledge.
"I had a lot of dreams when I was a kid, and I think a great deal of that grew out of the fact that I had a chance to read a lot." -Bill Gates
Thanks for Reading 📝👌
@Business_Library
❤13👍12🔥7
16 top lessons from the book
"THE 16 UNDENIABLE LAWS OF COMMUNICATION " 📚
-
"The 16 Undeniable Laws of Communication" by John C. Maxwell is a book that provides valuable insights and lessons on effective communication.
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1. The Law of Connection: Communication is about connecting with others on an emotional level. Building relationships and understanding others' needs and perspectives is crucial.
2. The Law of the Big Picture: Effective communicators always keep the bigger picture in mind. They understand the context and purpose of their message, ensuring it aligns with the overall goals.
3. The Law of Listening: Good communication involves active listening. Pay attention to others, show genuine interest, and seek to understand before being understood.
4. The Law of Authenticity: Be yourself and communicate with sincerity. People appreciate honesty and transparency, and it helps build trust in your communication.
5. The Law of Timing: Communication is not just about what you say but also when you say it. Choose the right timing to deliver your message for maximum impact.
6. The Law of Respect: Treat others with respect and dignity in your communication. Avoid belittling or demeaning language, and always consider the feelings of others.
7. The Law of Relevance: Tailor your communication to the needs and interests of your audience. Make your message relevant and relatable to ensure it resonates with them.
8. The Law of Simplicity: Keep your communication simple and easy to understand. Avoid jargon or complex language that may confuse or alienate your audience.
9. The Law of Emotion: Emotions play a significant role in communication. Understand and address the emotional needs of your audience to create a deeper connection.
10. The Law of Patience: Effective communication requires patience. Give others time to process information, ask questions, and provide feedback.
11. The Law of Influence: Communication is a powerful tool for influencing others. Use it responsibly and ethically to inspire, motivate, and empower those around you.
12. The Law of Consistency: Consistency in your communication builds trust and credibility. Align your words with your actions to maintain integrity.
13. The Law of Expectations: Set clear expectations in your communication. Be specific about what you want to achieve and what you expect from others.
14. The Law of Responsibility: Take ownership of your communication. Be accountable for the impact your words have on others and be willing to make necessary adjustments.
15. The Law of Storytelling: Stories have a profound impact on communication. Use storytelling techniques to engage your audience, make your message memorable, and evoke emotions.
16. The Law of Legacy: Communication has the power to leave a lasting impact. Consider the legacy you want to create through your communication and strive to make it positive and meaningful.
These are just a few of the lessons you can learn from "The 16 Undeniable Laws of Communication." The book delves deeper into each law, providing practical examples and strategies to enhance your communication skills.
@Business_Library
"THE 16 UNDENIABLE LAWS OF COMMUNICATION " 📚
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"The 16 Undeniable Laws of Communication" by John C. Maxwell is a book that provides valuable insights and lessons on effective communication.
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1. The Law of Connection: Communication is about connecting with others on an emotional level. Building relationships and understanding others' needs and perspectives is crucial.
2. The Law of the Big Picture: Effective communicators always keep the bigger picture in mind. They understand the context and purpose of their message, ensuring it aligns with the overall goals.
3. The Law of Listening: Good communication involves active listening. Pay attention to others, show genuine interest, and seek to understand before being understood.
4. The Law of Authenticity: Be yourself and communicate with sincerity. People appreciate honesty and transparency, and it helps build trust in your communication.
5. The Law of Timing: Communication is not just about what you say but also when you say it. Choose the right timing to deliver your message for maximum impact.
6. The Law of Respect: Treat others with respect and dignity in your communication. Avoid belittling or demeaning language, and always consider the feelings of others.
7. The Law of Relevance: Tailor your communication to the needs and interests of your audience. Make your message relevant and relatable to ensure it resonates with them.
8. The Law of Simplicity: Keep your communication simple and easy to understand. Avoid jargon or complex language that may confuse or alienate your audience.
9. The Law of Emotion: Emotions play a significant role in communication. Understand and address the emotional needs of your audience to create a deeper connection.
10. The Law of Patience: Effective communication requires patience. Give others time to process information, ask questions, and provide feedback.
11. The Law of Influence: Communication is a powerful tool for influencing others. Use it responsibly and ethically to inspire, motivate, and empower those around you.
12. The Law of Consistency: Consistency in your communication builds trust and credibility. Align your words with your actions to maintain integrity.
13. The Law of Expectations: Set clear expectations in your communication. Be specific about what you want to achieve and what you expect from others.
14. The Law of Responsibility: Take ownership of your communication. Be accountable for the impact your words have on others and be willing to make necessary adjustments.
15. The Law of Storytelling: Stories have a profound impact on communication. Use storytelling techniques to engage your audience, make your message memorable, and evoke emotions.
16. The Law of Legacy: Communication has the power to leave a lasting impact. Consider the legacy you want to create through your communication and strive to make it positive and meaningful.
These are just a few of the lessons you can learn from "The 16 Undeniable Laws of Communication." The book delves deeper into each law, providing practical examples and strategies to enhance your communication skills.
@Business_Library
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✈️ 5 steps to creating sustainable demand for an atypical product
Step 1. Detailed analysis of the target audience.
▪️In any strategic planning, it is important to know who we are trying to connect with.
Step 2. It is necessary to determine the target audience.
▪️If, for example, we talk about fur coats, then this is basically outerwear, that is, the topic is interesting to everyone who needs it in one form or another.
Step 3. Close interaction with the target audience.
▪️To promote an atypical product, you will need a large amount of trust.
Step 4. Create a provocation.
▪️An atypical product most likely evokes mixed feelings in people.
Step 5: Create a mission.
▪️Today it is not enough to simply sell goods or services. Effective communication will happen where people can join in with some higher purpose.
@Business_Library
Step 1. Detailed analysis of the target audience.
▪️In any strategic planning, it is important to know who we are trying to connect with.
Step 2. It is necessary to determine the target audience.
▪️If, for example, we talk about fur coats, then this is basically outerwear, that is, the topic is interesting to everyone who needs it in one form or another.
Step 3. Close interaction with the target audience.
▪️To promote an atypical product, you will need a large amount of trust.
Step 4. Create a provocation.
▪️An atypical product most likely evokes mixed feelings in people.
Step 5: Create a mission.
▪️Today it is not enough to simply sell goods or services. Effective communication will happen where people can join in with some higher purpose.
@Business_Library
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Here are 10 lessons from
" Invested "📚📚📚
How Warren Buffett and Charlie Munger Taught Me to Master My Mind, My Emotions, and My Money
by Danielle Town:
1Understand the Power of Value Investing
Value investing focuses on finding undervalued companies with strong fundamentals. This approach emphasizes patience, research, and long-term thinking to grow wealth sustainably.
2 Invest in What You Know
Following Warren Buffett’s principle, invest in companies or industries you understand well. This reduces risk and increases your ability to evaluate the business’s true value.
3 The Importance of a "Margin of Safety"
Always invest with a margin of safety—buying stocks at a significant discount to their intrinsic value. This provides a cushion against market fluctuations or errors in judgment.
4 Patience Is a Superpower
Successful investing is not about constant activity but waiting for the right opportunities. Discipline and patience are critical traits for a value investor.
5 Learn to Master Your Emotions
Emotional reactions to market fluctuations can lead to poor decisions. Staying calm and rational during market highs and lows is essential for long-term success.
6 Do Thorough Research
Investing requires deep research and analysis of a company’s financials, management, and competitive position. The more you know, the more confident you can be in your decisions.
7 Focus on Quality, Not Quantity
Invest in fewer, high-quality companies rather than diversifying excessively. Owning a small number of carefully chosen stocks allows you to monitor and understand them better.
8 Think Like a Business Owner
Treat your investments as if you are buying a piece of the business, not just a stock. This mindset shifts the focus to long-term performance and fundamentals rather than short-term price movements.
9 The Role of Continuous Learning
Both Buffett and Munger emphasize lifelong learning. Constantly improve your understanding of businesses, industries, and markets to refine your investment strategy.
10 Face Your Fears and Grow
Danielle shares her personal journey of overcoming fear and skepticism about investing. Facing fears, whether about money or other challenges, can lead to personal and financial growth.
@Business_Library
" Invested "📚📚📚
How Warren Buffett and Charlie Munger Taught Me to Master My Mind, My Emotions, and My Money
by Danielle Town:
1Understand the Power of Value Investing
Value investing focuses on finding undervalued companies with strong fundamentals. This approach emphasizes patience, research, and long-term thinking to grow wealth sustainably.
2 Invest in What You Know
Following Warren Buffett’s principle, invest in companies or industries you understand well. This reduces risk and increases your ability to evaluate the business’s true value.
3 The Importance of a "Margin of Safety"
Always invest with a margin of safety—buying stocks at a significant discount to their intrinsic value. This provides a cushion against market fluctuations or errors in judgment.
4 Patience Is a Superpower
Successful investing is not about constant activity but waiting for the right opportunities. Discipline and patience are critical traits for a value investor.
5 Learn to Master Your Emotions
Emotional reactions to market fluctuations can lead to poor decisions. Staying calm and rational during market highs and lows is essential for long-term success.
6 Do Thorough Research
Investing requires deep research and analysis of a company’s financials, management, and competitive position. The more you know, the more confident you can be in your decisions.
7 Focus on Quality, Not Quantity
Invest in fewer, high-quality companies rather than diversifying excessively. Owning a small number of carefully chosen stocks allows you to monitor and understand them better.
8 Think Like a Business Owner
Treat your investments as if you are buying a piece of the business, not just a stock. This mindset shifts the focus to long-term performance and fundamentals rather than short-term price movements.
9 The Role of Continuous Learning
Both Buffett and Munger emphasize lifelong learning. Constantly improve your understanding of businesses, industries, and markets to refine your investment strategy.
10 Face Your Fears and Grow
Danielle shares her personal journey of overcoming fear and skepticism about investing. Facing fears, whether about money or other challenges, can lead to personal and financial growth.
@Business_Library
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Top 15 Lessons learned From the book "The Motivation Myth"
1. I thought motivation was a prerequisite to starting a tedious learning process. But it really is the result.
2. Motivation is the fire that starts burning after you manually, painfully, coax it into existence, and it feeds on the satisfaction of seeing yourself make progress.
3. There is only one recipe for gaining motivation: success.
4. Dopamine is released when we observe ourselves making progress.
5. If you want to stay motivated, if you want to stay on track, if you want to keep making progress toward the things you hope to achieve, the key is to enjoy small, seemingly minor successes—but on a regular basis.
6. Humble beginnings can create the perfect foundation for success, because starting at the bottom creates almost endless opportunities to enjoy small successes.
7. Accomplishing something, no matter how small the task, makes us feel better about ourselves. That’s why to-do lists are so popular.
8. Incredibly successful people set a goal and then focus all their attention on the process necessary to achieve that goal.
9. To reach a goal, do not focus on the goal. The key is to set a goal, use it as a target that helps you create a plan for achieving it ... and then do your best to forget all about that goal.
10. The people who actually achieve their goals create routines.
They build systems. They consistently take the steps that, in time, will ensure they reach their ultimate goal.
11. Talking to your friends and family about your goals can sometimes be a big mistake.
12. Research shows that people who talk about their intentions are much less likely to follow through on those intentions.
13. Studies show that twenty minutes of exercise improves your mood for up to twelve hours.
14. Research also shows that exercise boosts energy; why not take advantage of a natural energy surge when you probably need it the most?
15. If you’re feeling low, put your head down and focus on your process. You’ll improve—and you’ll gain the motivation you feel you lack. Don’t wait for motivation. Get started. Work your plan.
@Business_Library
1. I thought motivation was a prerequisite to starting a tedious learning process. But it really is the result.
2. Motivation is the fire that starts burning after you manually, painfully, coax it into existence, and it feeds on the satisfaction of seeing yourself make progress.
3. There is only one recipe for gaining motivation: success.
4. Dopamine is released when we observe ourselves making progress.
5. If you want to stay motivated, if you want to stay on track, if you want to keep making progress toward the things you hope to achieve, the key is to enjoy small, seemingly minor successes—but on a regular basis.
6. Humble beginnings can create the perfect foundation for success, because starting at the bottom creates almost endless opportunities to enjoy small successes.
7. Accomplishing something, no matter how small the task, makes us feel better about ourselves. That’s why to-do lists are so popular.
8. Incredibly successful people set a goal and then focus all their attention on the process necessary to achieve that goal.
9. To reach a goal, do not focus on the goal. The key is to set a goal, use it as a target that helps you create a plan for achieving it ... and then do your best to forget all about that goal.
10. The people who actually achieve their goals create routines.
They build systems. They consistently take the steps that, in time, will ensure they reach their ultimate goal.
11. Talking to your friends and family about your goals can sometimes be a big mistake.
12. Research shows that people who talk about their intentions are much less likely to follow through on those intentions.
13. Studies show that twenty minutes of exercise improves your mood for up to twelve hours.
14. Research also shows that exercise boosts energy; why not take advantage of a natural energy surge when you probably need it the most?
15. If you’re feeling low, put your head down and focus on your process. You’ll improve—and you’ll gain the motivation you feel you lack. Don’t wait for motivation. Get started. Work your plan.
@Business_Library
👍9❤3🔥3
An entrepreneurial mindset is a dynamic and innovative way of thinking that empowers individuals to turn vision into reality.
It's characterized by resilience, adaptability, creativity, strategic thinking, risk tolerance, self-motivation, continuous learning, and a willingness to challenge the status quo. Entrepreneurs with this mindset view obstacles as opportunities, embrace uncertainty, and iterate towards success. They prioritize action over perfection, foster collaborative environments, and leverage failures as catalysts for growth. By combining passion, resourcefulness, and a solutions-focused approach, entrepreneurs cultivate a mindset that drives sustainable growth, innovation, and positive impact.
@Business_Library
It's characterized by resilience, adaptability, creativity, strategic thinking, risk tolerance, self-motivation, continuous learning, and a willingness to challenge the status quo. Entrepreneurs with this mindset view obstacles as opportunities, embrace uncertainty, and iterate towards success. They prioritize action over perfection, foster collaborative environments, and leverage failures as catalysts for growth. By combining passion, resourcefulness, and a solutions-focused approach, entrepreneurs cultivate a mindset that drives sustainable growth, innovation, and positive impact.
@Business_Library
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Want to influence without feeling pushy?
These persuasion techniques will help ⬇️
Persuasion isn’t luck – it’s a skill.
And mastering it can transform your career and relationships.
@Business_Library
These persuasion techniques will help ⬇️
Persuasion isn’t luck – it’s a skill.
And mastering it can transform your career and relationships.
@Business_Library
👍3🔥3❤1
😳 Still looking for a good crypto channel?
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https://news.1rj.ru/str/+vvIhuTTUD2JhMjli
📉 The market is moving fast, and you need to keep up! This channel explains everything simply—what coins might grow, when to buy, and how to catch the next big opportunity.
Don’t miss out—join now! 🚀
https://news.1rj.ru/str/+vvIhuTTUD2JhMjli